WISHBONE MARINE
ActiveSummary
WISHBONE MARINE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €365k and a net result of €72k. Equity is growing by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 203 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-6
Solvency75▲+9
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.16 against 2.8 in 2024; short-term debt: 6.2% and cash: 10% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
9.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
1 d early
2022
8 d early
2021
40 d early
2020
2 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€236k▲ 128%
2021 · €103k
2019: €81k
2020: €97k
2021: €103k
2019 → 2024
EBIT margin
34.1%▼ 277.3pp
2021 · 311.4%
2019: 55.3%
2020: 26.3%
2021: 311.4%
2019 → 2024
Net result
€72k▲ 3.1%
2024 · €70k
2019: €45k
2020: €25k
2021: €258k
2022: €16k
2023: €32k
2024: €70k
2019 → 2025
Working capital
€230k▲ 49.5%
2024 · €154k
2019: €-172k
2020: €-152k
2021: €207k
2022: €132k
2023: €95k
2024: €154k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€103k-€236k
Equity€176k-€192k▲ 9.2%€224k▲ 16.5%€293k▲ 31.1%€365k▲ 24.4%
Operating result€322k-€17k▼ 94.6%€35k▲ 105%€81k▲ 128%€93k▲ 15.9%
Net result€258k-€16k▼ 93.7%€32k▲ 96.1%€70k▲ 119%€72k▲ 3.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €724k
Fixed assets
€450k ▼ 6.5%
Current assets
€274k ▲ 14.7%
Equity and liabilities €724k
Equity
€365k ▲ 24.4%
Provisions
€53k ▼ 6.6%
Debt
€306k ▼ 17.3%
Debt's share of the balance-sheet total falls from 51.3% to 42.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€139k▲
2024 · €126k
Cash flow
€117k▲
2024 · €115k
Current ratio
6.16▲
2024 · 2.80
Debt to equity
0.84▼
2024 · 1.26
ROE
19.6%▼
2024 · 23.7%
ROA
9.9%▲
2024 · 9.7%
Interest coverage
25.66▲
2024 · 21.70
Debt ≤ 1 year
€45k▼
2024 · €85k
Debt > 1 year
€260k▼
2024 · €282k
Income taxes
€25k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€720k€724k▲
Fixed assets21/28€481k€450k▼
Tangible fixed assets22/27€481k€450k▼
Land and buildings22€428k€407k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€53k€39k▼
Other tangible fixed assets26-€2k
Financial fixed assets28€43€43=
Current assets29/58€239k€274k▲
Amounts receivable after more than one year29€21k€20k▼
Other amounts receivable291€21k€20k▼
Amounts receivable within one year40/41€62k€56k▼
Trade receivables40€59k€39k▼
Other amounts receivable41€3k€17k▲
Current investments50/53-€125k
Cash at bank and in hand54/58€156k€72k▼
Deferred charges and accrued income490/1€491€519▲
Equity and liabilities
Total equity and liabilities10/49€720k€724k▲
Equity10/15€293k€365k▲
Contributions10/11€135k€135k=
Capital10€135k€135k=
Issued capital100€135k€135k=
Reserves13€242k€230k▼
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Tax-exempt reserves132€228k€213k▼
Distributable reserves133-€3k
Profit (loss) carried forward14€-83k-
Provisions and deferred taxes16€57k€53k▼
Deferred taxes168€57k€53k▼
Amounts payable17/49€370k€306k▼
Amounts payable after more than one year17€282k€260k▼
Financial debts170/4€282k€260k▼
Amounts payable within one year42/48€85k€45k▼
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Advances received on contracts in progress46€40k-
Taxes, remuneration and social security45€16k€10k▼
Taxes450/3€16k€10k▼
Other amounts payable47/48€2k€5k▲
Accrued charges and deferred income492/3€2k€990▼
Income statement
Code20242025
Turnover70€236k-
Goods, raw materials, services and sundry goods60/61€111k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€127k€141k▲
Operating profit (loss)9901€81k€93k▲
Financial income75/76B€1k€5k▲
Recurring financial income75€1k€5k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€76k€93k▲
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€10k€25k▲
Profit (loss) for the period9904€70k€72k▲
Transfer from tax-exempt reserves789€15k€15k=
Profit (loss) for the period to be appropriated9905€85k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€3k▲
Profit (loss) brought forward from the previous period14P€-168k€-83k▲
Transfer to equity691/2-€3k
To other reserves6921-€3k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity doublescurrent ratio 6.16
Current ratio from 2.80 to 6.16; short-term debt falls from €85k to €45k.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200kEq €224k ▲16.5%
5 profitable years in a row build equity to €224k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €16k ▼93.7%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €258k ▲915%
Operating result €322k, net result €258k, both a record.
30-06
Financial
Liquidity times 134current ratio 32.75
Current ratio from 0.24 to 32.75; short-term debt falls from €201k to €7k.
30-06
Financial
Equity above €150kEq €176k
3 profitable years in a row build equity to €176k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schoolstraat 1111650 BeerselGround area
1,462 m²
Building footprint
235 m²
Volume, LiDAR
1,387 m³
Parcel 23003A0203/00L000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Jassogne (Auguste) 7, 1410 Waterloo
since 20012.100.254.787
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23003A0203/00L000 | Flanders | 1,462 m² | 1 · 234 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
6488E66W5MN15W5DF864
Similar companies · same sector, comparable size
PRODAMTEX
BE 0862.808.961
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BENADA
BE 0429.363.273
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SB-PRINTING
BE 0878.122.192
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FABRIC
BE 0725.947.703
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DURAPRINTING
BE 0886.644.831
Lichtervelde · Eq €397k
Of 755 companies in sector 13300 we hold annual accounts for 160. 101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-01-2001
Fiscal year end30-06
Activities, NACEBEL 2025
13300Finishing of textiles
70200Business and other management consultancy
18120Other printing
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.